CMA Insider Sale Notice: 1,845 Shares via Fidelity on NYSE
Rhea-AI Filing Summary
Comerica Incorporated (CMA) filed a Form 144 reporting a proposed sale of 1,845 shares of common stock, to be sold through Fidelity Brokerage Services on the NYSE with an approximate aggregate market value of $123,036.04. The filing shows the shares were acquired on 08/21/2025 upon exercise of options originally granted on 01/26/2016 and that payment will be in cash. The filing reports no other securities sold by the reporting person in the past three months and includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
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Negative
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Insights
TL;DR Small insider option exercise sale disclosed; immaterial relative to shares outstanding.
The filing documents a routine insider sale following option exercise: 1,845 shares valued at approximately $123k to be sold through a registered broker on the NYSE. Compared with the reported 128,525,470 shares outstanding, this transaction is immaterial in size and unlikely to influence Comerica's market valuation. The disclosure meets Rule 144 reporting requirements and includes the standard attestations regarding material non-public information. No prior three-month sales were reported by the seller.
TL;DR Filing reflects compliance with Rule 144 and routine governance transparency for an option-derived sale.
This Form 144 indicates the seller exercised long-dated options (granted in 2016) and intends a cash sale through Fidelity. From a governance perspective, timely filing of Rule 144 notices supports transparency about insider liquidity. The small scale of the transaction relative to outstanding shares suggests limited signaling risk. The document contains the required seller representation regarding material information and shows no clustered recent sales by the same person.